The ceremony was held in the LPPI Earth Campus. LPPI stands for Lembaga Pengembangan Perbankan Indonesia (Indonesian Banking Development Institution), which is in same the institution the Indonesian Banking School. The event was attended by the Officers of LPPI and IBS. One elder of national banks, namely Mr. Rachmat Saleh attended the ceremony until finished. Troops flag raisers consisting of male and female IBS students, of whom have followed the rehearsal practice of the previous 3 months. The sunny weather supported the event that lasted solemn. Ceremony begins at 07:45 am and ends at 08:30 am.